{"id":647375,"date":"2017-05-09T03:25:23","date_gmt":"2017-05-09T03:25:23","guid":{"rendered":"https:\/\/enterpriseam.com\/egypt\/2017\/05\/09\/acwa-power-granted-government-guarantee-for-2-25-gw-power-plant\/"},"modified":"2017-05-09T03:25:23","modified_gmt":"2017-05-09T03:25:23","slug":"acwa-power-granted-government-guarantee-for-2-25-gw-power-plant","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/egypt\/2017\/05\/09\/acwa-power-granted-government-guarantee-for-2-25-gw-power-plant\/","title":{"rendered":"ACWA Power granted government guarantee for 2.25 GW power plant"},"content":{"rendered":"

Cabinet granted ACWA Power a government guarantee to for the construction of a USD 2.2 bn, 2.25 GW power plant on right-to-use basis for 25 years, sources tell Al Borsa<\/a>. Negotiations are ongoing on issues including the plant\u2019s location. Initially planned for Dairut<\/a> in Beheira, it might be relocated.<\/p>\n","protected":false},"excerpt":{"rendered":"

Cabinet granted ACWA Power a government guarantee to for the construction of a USD 2.2 bn, 2.25 GW power plant on right-to-use basis for 25 years, sources tell Al Borsa. Negotiations are ongoing on issues including the plant\u2019s location. Initially planned for Dairut in Beheira, it might be relocated.<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"open","sticky":false,"template":"single-feature.php","format":"standard","meta":{"_acf_changed":false,"newspack_ads_suppress_ads":false,"newspack_popups_has_disabled_popups":false,"newspack_sponsor_sponsorship_scope":"","newspack_sponsor_native_byline_display":"inherit","newspack_sponsor_native_category_display":"inherit","newspack_sponsor_underwriter_style":"inherit","newspack_sponsor_underwriter_placement":"inherit","ep_exclude_from_search":false,"_primary_brand":0,"newspack_featured_image_position":"","newspack_post_subtitle":"","newspack_article_summary_title":"Overview:","newspack_article_summary":"","newspack_hide_updated_date":false,"newspack_show_updated_date":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[7207],"tags":[93,72],"brand":[],"newspack_spnsrs_tax":[],"class_list":["post-647375","post","type-post","status-publish","format-standard","hentry","category-energy","tag-energy","tag-enterpriseam","wpautop","entry"],"acf":{"mongo_id":"607422e9-2a62-48dc-a67d-0da2aa40cb41","order":"0","is_powered_by":true,"story_type":"1","photo_url":"","photo_position":"above","related_issue":[647347],"teaser":"","voice_url":""},"yoast_head":"\nACWA Power granted government guarantee for 2.25 GW power plant - EnterpriseAM Egypt<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/enterpriseam.com\/egypt\/2017\/05\/09\/acwa-power-granted-government-guarantee-for-2-25-gw-power-plant\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"ACWA Power granted government guarantee for 2.25 GW power plant\" \/>\n<meta property=\"og:description\" content=\"Cabinet granted ACWA Power a government guarantee to for the construction of a USD 2.2 bn, 2.25 GW power plant on right-to-use basis for 25 years, sources tell Al Borsa. Negotiations are ongoing on issues including the plant\u2019s location. Initially planned for Dairut in Beheira, it might be relocated.\" \/>\n<meta property=\"og:url\" content=\"https:\/\/enterpriseam.com\/egypt\/2017\/05\/09\/acwa-power-granted-government-guarantee-for-2-25-gw-power-plant\/\" \/>\n<meta property=\"og:site_name\" content=\"EnterpriseAM Egypt\" \/>\n<meta property=\"article:published_time\" content=\"2017-05-09T03:25:23+00:00\" \/>\n<meta name=\"author\" content=\"enterpriseam admin\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"enterpriseam admin\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2017\/05\/09\/acwa-power-granted-government-guarantee-for-2-25-gw-power-plant\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2017\/05\/09\/acwa-power-granted-government-guarantee-for-2-25-gw-power-plant\/\"},\"author\":{\"name\":\"enterpriseam admin\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#\/schema\/person\/ca597032db7e4db868359c123cec256d\"},\"headline\":\"ACWA Power granted government guarantee for 2.25 GW power plant\",\"datePublished\":\"2017-05-09T03:25:23+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2017\/05\/09\/acwa-power-granted-government-guarantee-for-2-25-gw-power-plant\/\"},\"wordCount\":56,\"publisher\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#organization\"},\"keywords\":[\"energy\",\"EnterpriseAM\"],\"articleSection\":[\"Energy\"],\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2017\/05\/09\/acwa-power-granted-government-guarantee-for-2-25-gw-power-plant\/\",\"url\":\"https:\/\/enterpriseam.com\/egypt\/2017\/05\/09\/acwa-power-granted-government-guarantee-for-2-25-gw-power-plant\/\",\"name\":\"ACWA Power granted government guarantee for 2.25 GW power plant - 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The plant was originally planned for Dairut, Beheira, but was moved to Luxor to increase energy production in Upper Egypt. Cabinet had\u2026","rel":"","context":"In "Energy"","block_context":{"text":"Energy","link":"https:\/\/enterpriseam.com\/egypt\/category\/industries\/energy\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":596185,"url":"https:\/\/enterpriseam.com\/egypt\/2019\/08\/20\/acwa-power-studying-supply-bids-for-2-25-gw-luxor-power-plant\/","url_meta":{"origin":647375,"position":1},"title":"Acwa Power studying supply bids for 2.25 GW Luxor power plant","author":"enterpriseam admin","date":"20 August 2019","format":false,"excerpt":"Acwa Power is studying bids submitted by Siemens, General Electric and Mitsubishi Electric to supply production units and equipment for its 2.25 GW power plant in Luxor, according to the local press. Sources say the company is aiming for an agreement before the financial closure of the project in 2Q2022.\u2026","rel":"","context":"In "Energy"","block_context":{"text":"Energy","link":"https:\/\/enterpriseam.com\/egypt\/category\/industries\/energy\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":635369,"url":"https:\/\/enterpriseam.com\/egypt\/2017\/12\/03\/electricity-ministry-remains-undecided-on-location-of-acwa-powers-2-25-gw-power-plant\/","url_meta":{"origin":647375,"position":2},"title":"Electricity Ministry remains undecided on location of ACWA Power\u2019s 2.25 GW power plant","author":"enterpriseam admin","date":"3 December 2017","format":false,"excerpt":"The Electricity Ministry has yet to decide whether to build ACWA Power\u2019s 2.25 GW Dairut power plant in Luxor or Qena, Al Mal reports. The ministry had reached an agreement with ACWA for the plant back in May, with plans to build it in Luxor instead of the original Dairut.\u2026","rel":"","context":"In "Energy"","block_context":{"text":"Energy","link":"https:\/\/enterpriseam.com\/egypt\/category\/industries\/energy\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":626066,"url":"https:\/\/enterpriseam.com\/egypt\/2018\/08\/29\/negotiations-on-acwa-powers-dairut-power-plant-stalled\/","url_meta":{"origin":647375,"position":3},"title":"Negotiations on ACWA Power\u2019s Dairut power plant stalled","author":"enterpriseam admin","date":"29 August 2018","format":false,"excerpt":"Negotiations between Saudi Arabia\u2019s ACWA Power and the Electricity Ministry over the former\u2019s USD 2.2 bn, 2.25 GW Dairut power plant have stalled after nearly several months of negotiations, according to ministry sources. It remains unclear what is behind the stalled talks, but the sources noted that ACWA has yet\u2026","rel":"","context":"In "Energy"","block_context":{"text":"Energy","link":"https:\/\/enterpriseam.com\/egypt\/category\/industries\/energy\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":632881,"url":"https:\/\/enterpriseam.com\/egypt\/2018\/02\/21\/acwa-power-agrees-to-delay-its-dairut-plant\/","url_meta":{"origin":647375,"position":4},"title":"ACWA Power agrees to delay its Dairut plant","author":"enterpriseam admin","date":"21 February 2018","format":false,"excerpt":"Saudi Arabia\u2019s ACWA Power has agreed to push its USD 2.2 bn, 2.25 GW Dairut power plant to the Electricity Ministry\u2019s 2022-2027 five-year plan instead of the 2017-2022 plan, unnamed ministry sources tell Al Mal. The delay is a result of the surplus in production currently on the national grid,\u2026","rel":"","context":"In "Energy"","block_context":{"text":"Energy","link":"https:\/\/enterpriseam.com\/egypt\/category\/industries\/energy\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":632483,"url":"https:\/\/enterpriseam.com\/egypt\/2018\/02\/12\/acwa-power-to-finalize-dairut-2-4-gw-plant-agreement-soon\/","url_meta":{"origin":647375,"position":5},"title":"ACWA Power to finalize Dairut 2.4 GW plant agreement \u201csoon\u201d","author":"enterpriseam admin","date":"12 February 2018","format":false,"excerpt":"Saudi Arabia\u2019s ACWA Power may soon finalize a power purchase agreement with Egyptian authorities for the Dairut gas-fired 2.4 GW plant, CEO Paddy Padmanathan said, Reuters reports. The project has experienced delays as the Electricity Ministry remains undetermined on the location. 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